CBE mandates simplified forms for banking expenses, commissions in customer contracts
The Central Bank of Egypt (CBE) has issued a directive mandating banks to include simplified forms in contracts for banking products and services. These forms, provided as appendices, will outline…
Israeli forces kill 40 Palestinians in Gaza, arrest hospital director
Israeli occupation forces carried out three massacres in the Gaza Strip over the past 24 hours, killing 40 Palestinians and wounding approximately 100 others. The Palestinian Ministry of Health in…
PM Madbouly tours Mahalla’s Spinning, Weaving factories to boost textile production
Prime Minister Mostafa Madbouly visited Mahalla al-Kubra on Saturday to inspect the Misr Spinning and Weaving Company, part of the Cotton, Spinning, Weaving, and Ready-Made Garments Holding Company under the…
Egyptian investments in Africa surpass $14bn: FM
Badr Abdelatty, Egypt’s Minister of Foreign Affairs, participated in the Egypt-Gabon Business Forum held in Libreville, the capital of Gabon. The event brought together Gabonese President Ali Bongo Ondimba, seven…
Egypt, Gabon strengthen ties, endorse Egyptian UNESCO candidate
Egypt and Gabon have reaffirmed their commitment to strengthening bilateral ties, with Gabon announcing its support for Egypt's candidate for Director-General of UNESCO. The announcement came during a meeting on…
Health Minister clarifies key concerns about Medical Liability Law
Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, addressed widespread discussions surrounding the Medical Liability Law, particularly the chapter on penalties. He clarified…
STIO Life Science invests EGP 400m to localize Egypt’s pharmaceutical industry
Amr Abdel Razek, Chairperson of STIO Life Science (SLS), announced that the company has invested EGP 400m in the Egyptian market during 2023/2024. These funds have been directed toward development…
AUIEC to launch Arab Industries Exhibition 2025 in Iraq
The Arab Union for International Exhibitions and Conferences (AUIEC) announced during its recent meeting in Cairo the launch of a major exhibition for Arab industries, set to take place in…
Germany offers Egypt concessional loans at one-tenth of market rates: Ambassador
Germany is actively supporting Egypt’s sustainable development goals, particularly in the transition to a green economy, German Ambassador to Cairo Jürgen Schulz announced. Schulz highlighted Germany’s ongoing efforts to assist…
SEMAF, NERIC partner to manufacture railway, metro trains for local market, export
The SEMAF factory, part of the Arab Organization for Industrialization (AOI), has signed a cooperation protocol with the Egyptian National Railways Industries Company (NERIC) to produce advanced railway and metro…
